Agriculture Technology-as-a-Service Market: The growth rate in the market is because of the augmented push by governing bodies toward agricultural automation and digitization.

According to the report, the global Agriculture Technology-as-a-Service market is expected to grow from USD 2.9  Billion in 2022, which is expected to reach USD 12.9 Billion by 2033, growing at a CAGR of 16.4% from 2023 to 2033. The Agriculture Technology-as-a-Service (AgTaaS) market involves the provision of various agriculture-related technologies, such as precision agriculture, remote sensing, and data analytics, to farmers and agriculture-related businesses through a subscription-based service model.AgTaaS providers offer a range of services, including farm management software, sensors and monitoring devices, agricultural drones, and artificial intelligence (AI)-based analytics, among others. These services enable farmers to optimize their crop yields, reduce waste and costs, and make data-driven decisions.The market is primarily driven by the increasing demand for sustainable agriculture practices, the growing adoption of precision agriculture technologies, and the need for better management of agricultural resources. The market is highly fragmented, with several players offering specialized services and solutions.

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Key Highlights:

• The global Agriculture Technology-as-a-Service Market size was valued at USD 9 billion in 2022 growing at a CAGR of 16.4% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has published a new market research report on Global Agriculture Technology-as-a-Service Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Agriculture Technology-as-a-Service market report also includes the following data points:

• COVID19 Impact on Agriculture Technology-as-a-Service market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Agriculture Technology-as-a-Service market

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Key Players

Some of the major Agriculture Technology-as-a-Service players holding high market share include Mahindra & Mahindra Ltd., Accenture, Taranis, Precision Hawk. These players use new product development/partnership as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:

• Deere & Company
• Mahindra & Mahindra Ltd.
• Accenture
• Taranis
• Precision Hawk
• apollo agriculture
• 63Ideas Infolabs Private Limited
• Trimble Inc.
• SGS Société Générale de Surveillance SA
• com

Segmental Analysis

Market Segment By Service Type with focus on market share, consumption trend, and growth rate of Agriculture Technology-as-a-Service Market:

• Farm Management Solutions
• Production Assistance
• Access to Markets

Market Segment By Delivery Model  with focus on market share, consumption trend, and growth rate of Agriculture Technology-as-a-Service Market:

• Subscription
• Pay-per-use

Market Segment By End User with a focus on market share, consumption trend, and growth rate of Agriculture Technology-as-a-Service Market:

• Farmers
• Governments
• Corporate
• Financial Institutions
• Advisory Bodies

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Global Agriculture Technology-as-a-Service Geographic Coverage:

• North America
  • US
  • Canada
  • Mexico

• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Nordic Countries
  • Benelux
  • Rest of Europe

• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific

• Middle East and Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of MEA

• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Reasons to Buy this Report:

• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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